10, RICHMOND ROAD, WEST MERSEA, COLCHESTER, CO5 8PS - £390,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

10 RICHMOND ROAD is a midsized extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £390,000 in February 2021, which was around 12% below the average February 2021 detached price in the Colchester local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

10 RICHMOND ROAD Sold Prices

Land registry data shows four sales for 10 RICHMOND ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. All of the four 10 RICHMOND ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 12 FEB	£390,000	£442,770	12% below HPI
2011 23 MAY	£250,000	£283,054	12% below HPI
2007 19 JUL	£245,000	£303,833	19% below HPI
1998 4 AUG	£86,000	£111,246	23% below HPI

10 RICHMOND ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The four 10 RICHMOND ROAD sales between August 1998 and February 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2011 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the February 2021 sale, which was also at 12% below the HPI.

How Large is 10 RICHMOND ROAD?

10 RICHMOND ROAD is 111m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in West Mersea, based on EPC data. The below chart shows the distribution of detached houses by size in West Mersea, and where 10 RICHMOND ROAD lies on this distribution: 46% of detached houses are smaller than 10 RICHMOND ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in West Mersea.

10 RICHMOND ROAD: Plot and Title Map

10 RICHMOND ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 10 RICHMOND ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 RICHMOND ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 RICHMOND ROAD?

10 RICHMOND ROAD is located in WEST MERSEA, in the CO5 postcode district. The below map shows the position of No. 10 on RICHMOND ROAD.